News about the Cayman Islands in the Foreign Press

Friday, April 9, 2004

Successful initial offer for Cayman fund

DUBAI, UAE – According to AME Info, the Cayman Islands-registered IFA Khaleeji Fund has started investing in Gulf markets after a successful initial offer.  The fund is open-ended and invests in the equities of the Arabian Gulf markets.

Question of Cayman Afghans raised again ahead of Rice’s Senate testimony

PORTLAND, USA – Commenting on the forthcoming appearance of National Security Adviser Condoleezza Rice before the 9/11 Commission, CommonDreams.org says that, in late 2000, British investigators teamed up with their counterparts in the Cayman Islands and began a year-long probe of three Afghan men who had entered the Cayman Islands illegally.

In June 2001, the Afghan men were overheard discussing hijacking attacks in New York City, and were promptly taken into custody.

This information was forwarded to US intelligence. In late August 2001, shortly before the attacks, an anonymous letter to a Cayman radio station alleged these same men were al-Qaida agents “organising a major terrorist act against the US via an airline or airlines.”

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